Concentra Group Holdings Parent, Inc. Announces Results For Its Third Quarter Ended September 30, 2024 and Cash Dividend
1. Concentra reported Q3 revenue of $489.6 million, a 3.3% increase. 2. Net income decreased by 16.5% to $45.8 million compared to Q3 2023. 3. Patient visits dropped 2.2%, averaging 50,916 visits per day. 4. Concentra declared a dividend of $0.0625 per share, payable November 22, 2024. 5. 2024 outlook projects revenue of $1.9 billion and adjusted EBITDA around $372.5 million.